New York Times  Nov 3  Comment 
Christina Hoff Sommers, a scholar at the American Enterprise Institute, long argued that the Obama model didn’t work. Here’s her take on what the changes mean.
Forbes  Apr 17  Comment 
The Obama Administration responded to the disaster with a slew of regulatory actions. The current healthy state of offshore oil operations provides a compelling argument that environmental regulations can improve safety without stalling growth.
DailyFinance  Mar 20  Comment 
Filed under: Entertainment, TV, TV News He's no twin, but he is the Hoff! ET can exclusively reveal that David Hasselhoff will be appearing on Freeform's The Twins: Happily Ever After? this season, premiering Monday, March 20. EXCLUSIVE: See...
Forbes  Aug 23  Comment 
Kyle Hoff and Alex O’Dell started a furniture business with just one product: the Floyd Leg, a clip-on furniture leg that turns any flat surface into a table. Find out how the company is tackling global expansion.
NPR  Aug 13  Comment 
Conjoined twin boys Moaz and Nawras have been evacuated out of one of Syria's most embattled areas for urgent medical treatment, following an international appeal to save their lives.
Insurance Journal  Jun 6  Comment 
An Oregon jury has awarded $8.75 million to a 65-year-old man who has incurable cancer as a result of asbestos exposure in the 1970s. The Oregonian reported that David Hoff’s attorneys say the former construction worker’s mesothelioma was...
NPR  Apr 28  Comment 
Using Times New Roman on a resume is considered boring, according to a Bloomberg report. Courier suggests you use a typewriter and Zapfino is too flowery. Helvetica is straightforward and works.
TechCrunch  Apr 16  Comment 
 Is Instagram going around stealing users' account and distributing them to employees? That's the far-out claim from designer Brian Hoff, who says his wife's Instagram account, with the likely much-desired username of "@kathleen" was taken from...
Sydney Morning Herald  Jan 9  Comment 
Steele von Hoff showed how winning bike races can be as much about having the gumption to seize opportunity as having the strength to make the best of them at the Australian road championships on Thursday night, when he won the men's elite...


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Horizon Offshore, Inc. together with its subsidiaries provides marine construction services for the offshore oil and gas, and energy industries. Horizon provides offshore marine construction services to oil and gas companies on a contract basis in the US Gulf of Mexico, Latin America, Southeast Asia, West Africa, and the Mediterranean. Its nine-vessel fleet, which includes four pipelay/pipebury vessels, two derrick barges, one pipebury, one derrick/pipelay, and one diving support vessel. Horizon's primary services include laying, burying or repairing marine pipelines; providing hook-up and commissioning services; installing offshore production platforms and other structures, and disassembling and salvaging offshore production platforms and other structures. In 2006, Horizon provided offshore marine construction services to approximately 35 customers. Its customers consist of national oil companies, major and independent oil and gas companies, energy companies and their affiliates.

The Company's marine fleet has a range of capabilities, and performs construction projects, primarily in water depths up to 1,000 feet. Its fleet consists of nine operational vessels, which are American Horizon, Lone Star Horizon, Brazos Horizon, Pecos Horizon, Canyon Horizon, Atlantic Horizon, Pacific Horizon, Sea Horizon and Texas Horizon. Horizon acquired Texas Horizon in February 2006. American Horizon, Lone Star Horizon, Brazos Horizon and Pecos Horizon are pipelay and pipebury vessels, which are able to install, bury and repair pipelines with an outside diameter (including concrete coating) of up to 39 inches. These vessels employ conventional S-lay technology that is suitable for operating on the United States continental shelf and the international areas, where the Company operates.

For larger pipe burying projects or where deeper trenching is required, the Company uses the Canyon Horizon, its bury barge. Horizon matches its burying approach to the requirements of each specific contract by using the Canyon Horizon for larger projects, and its towed jet sleds behind pipelay barges for smaller projects. The Company also installs and removes or salvages offshore fixed platforms. It operates two derrick barges equipped with cranes designed to lift and place platforms, structures or equipment into position for installation. In addition, they are used to disassemble and remove platforms and prepare them for salvage or refurbishment. The Pacific Horizon has a lift capacity of 1,000 tons, and the Atlantic Horizon has a 550-ton lift capacity.

The Sea Horizon, the Company's 360-foot long and 100-foot wide combination vessel that has both pipelay and derrick capabilities, is utilized to install up to 36-inch diameter pipe. The Sea Horizon is also utilized to install and remove offshore fixed platforms and has a lift capacity of 1,200 tons. The Texas Horizon is a dynamically positioned data processing technician second class (DP 2) deepwater construction and pipelay vessel. It is capable of providing diving and remotely operated vessel (ROV) support, as well as installing small diameter rigid pipe, flexible pipe, coiled tubing and umbilicals in deep water. The Company's contracts in the United States Gulf of Mexico are typically of short duration, being completed in periods as brief as several days to periods of up to several months for projects involving its larger pipelay vessels. International construction projects typically have longer lead times and extended job durations. Horizon owns all of its vessels.

Operating results are directly tied to industry demand for services, and to a lesser degree, seasonal impact. The demand for services depends on the level of capital expenditures by oil and gas companies for developmental construction. Due to the time required to drill a well and fabricate a production platform, demand for services usually lags exploratory drilling by nine to eighteen months and sometimes longer. The demand for offshore construction services depends largely on the condition of the oil and gas industry and, in particular, the level of capital expenditures by oil and gas companies for developmental construction, as well as repair and salvage work. These capital expenditures are influenced by:

  • expectations and perception about future demand & the price of oil and gas;
  • the ability of the oil and gas industry to access capital;
  • the cost of exploring for, producing and developing oil and gas reserves;
  • discovery rates of new oil and gas reserves in offshore areas;
  • sale and expiration dates of offshore leases in the US and abroad;
  • local and international political and economic conditions;
  • governmental regulations;
  • the availability and cost of capital; and
  • damage to structures and pipelines caused by hurricanes and severe weather conditions in the U.S. Gulf of Mexico and other areas

Horizon competes with Global Industries, Ltd., Helix Energy Solutions Group, Inc., Chet Morrison Contractors, Inc., Bisso Marine Co., Diamond Services, Corp., Offshore Specialty Fabricators, Inc., TETRA Technologies, Inc., Manson Gulf L.L.C., J. Ray McDermott, S.A., Protexa S.A. de C.V. and Oceanografia S.A. de C.V.

Cal Dive International (DVR), a marine construction company, is acquiring Horizon Offshore in a stock and cash deal valued at approximately $650 million. Horizon shareholders will receive a combination of 0.625 DVR shares and $9.25 in cash for each HOFF share they own.

Comparison to Competitors


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